XML 122 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Borrowings and Lines of Credit (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Short-term Debt [Table Text Block]

(dollars in millions)			2019						2018
Short-term borrowings:
Commercial paper			$	—					$	1,257
Other borrowings			2,364						212
Total short-term borrowings			$	2,364					$	1,469

Schedule of Weighted average interest rates [Table Text Block]

The weighted-average interest expense rates applicable to short-term borrowings and total debt were as follows:

			2019						2018
Average interest expense rate - average outstanding borrowings during the year:
Short-term borrowings			1.9		%				1.5		%
Total debt			3.7		%				3.5		%
Average interest expense rate - outstanding borrowings as of December 31:
Short-term borrowings			3.1		%				1.2		%
Total debt			3.7		%				3.5		%

Schedule of Debt Issuances and Repayments [Table Text Block]

We had no debt issuances during 2019 and the following issuances of debt in 2018:

(dollars in millions)

Issuance Date			Description of Notes			Aggregate Principal Balance
August 16, 2018:			3.350% notes due 20211			$	1,000
			3.650% notes due 20231			2,250
			3.950% notes due 20251			1,500
			4.125% notes due 20281			3,000
			4.450% notes due 20381			750
			4.625% notes due 20482			1,750
			LIBOR plus 0.65% floating rate notes due 20211			750
May 18, 2018:			1.150% notes due 20243			€	750
			2.150% notes due 20303			500
			EURIBOR plus 0.20% floating rate notes due 20203			750

1 The net proceeds received from these debt issuances were used to partially finance the cash consideration portion of the purchase price for Rockwell Collins and fees, expenses and other amounts related to the acquisition of Rockwell Collins.

2 The net proceeds from these debt issuances were used to fund the repayment of commercial paper and for other general corporate purposes.

3 The net proceeds received from these debt issuances were used for general corporate purposes.

        We made the following repayments of debt in 2019 and 2018:

(dollars in millions)

Repayment Date			Description of Notes			Aggregate Principal Balance
November 15, 2019			8.875% notes			$	271
November 13, 2019			EURIBOR plus 0.15% floating rate notes			€	750
November 1, 2019:			LIBOR plus 0.350% floating rate notes			$	350
			1.500% notes			$	650
July 15, 2019:			1.950% notes1			$	300
			5.250% notes1			$	300
December 14, 2018			Variable-rate term loan due 2020 (1 month LIBOR plus 1.25%)1			$	482
May 4, 2018			1.778% junior subordinated notes			$	1,100
February 22, 2018			EURIBOR plus 0.80% floating rate notes			€	750
February 1, 2018			6.80% notes			$	99

1 These notes and term loan were assumed in connection with the Rockwell Collins acquisition and subsequently repaid.

Schedule of Principal Payments on Long-term Debt [Table Text Block]

(dollars in millions)
2020			$	3,496
2021			4,142
2022			3,919
2023			3,501
2024			2,592
Thereafter			23,949
Total			$	41,599

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for short-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

+ Details

Name:	us-gaap_ShortTermDebtTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of Principal Payments on Long-term Debt [Table Text Block]

+ References

No definition available.

+ Details

Name:	utx_ScheduleofPrincipalPaymentsonLongtermDebtTableTextBlock
Namespace Prefix:	utx_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

[Table Text Block] for Schedule of weighted-average interest rates for short-term borrowings and total debt. Percentages are categorized by average outstanding borrowings during the year and outstanding borrowings as of the end of the year.

+ References

No definition available.

+ Details

Name:	utx_ScheduleofWeightedaverageinterestratesTableTextBlock
Namespace Prefix:	utx_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration